BEEM

Market-moving news on Beam Global (NASDAQ: BEEM): filings, earnings, deals and other events, from REDFILED.

Beam Global plans to manufacture drones in its existing U.S. and European factories.

BEEM

BEEM Signs LOI to Buy European Drone Maker in Pivot to Defense

Beam Global plans to acquire an unnamed European drone and AI software company and build a Pentagon conditionally approved drone system in the U.S.

Beam Global chief executive Desmond Wheatley.

BEEM

BEAM GLOBAL (BEEM) Signs LOI to Buy European Drone Maker

Beam Global has signed a non-binding letter of intent to acquire an unnamed European drone and AI software company, aiming to build drones in its own US and EU plants.